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Date	Entity Name			Rating Action
1st Mar 24	TOLAR OCEAN PRODUCTS PRIVATE LIMITED			Instrument & Lender Details TOLAR OCEAN PRODUCTS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 1 = I am not a robot
	PC/PCFC	Short-term	INR 18 Cr	ACUITE A4+
	PC/PCFC	Short-term	INR 2 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 2 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 1.11 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 0.39 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 0.3 Cr	ACUITE BB- Stable
	Proposed Long Term Loan	Long-term	INR 0.35 Cr	ACUITE BB- Stable
	Term Loan	Long-term	INR 10.85 Cr	ACUITE BB- Stable
1st Mar 24	HERBAL ISOLATES PRIVATE LIMITED			Instrument & Lender Details HERBAL ISOLATES PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 9 = I am not a robot
	PC/PCFC	Short-term	INR 9.5 Cr	ACUITE A4+
	Bank Guarantee (BLR)	Short-term	INR 0.25 Cr	ACUITE A4+
	PC/PCFC	Short-term	INR 2.5 Cr	ACUITE A4+
1st Mar 24	RPV EXPORTS PRIVATE LIMITED			Instrument & Lender Details RPV EXPORTS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 5 = I am not a robot
	PC/PCFC	Short-term	INR 2 Cr	ACUITE D
	Bills Discounting	Short-term	INR 3 Cr	ACUITE D
1st Mar 24	RPV EXPORTS PRIVATE LIMITED			Instrument & Lender Details RPV EXPORTS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 2 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 2 Cr	ACUITE D
29th Feb 24	NILKANTH FERRO LIMITED			Erratum \| Instrument & Lender Details NILKANTH FERRO LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 6 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 19.58 Cr	ACUITE A2
	Letter of Credit	Short-term	INR 34 Cr	ACUITE A2
	Bank Guarantee (BLR)	Short-term	INR 5 Cr	ACUITE A2
	Covid Emergency Line.	Long-term	INR 1.48 Cr	ACUITE BBB Stable
	Stand By Line of Credit	Long-term	INR 3 Cr	ACUITE BBB Stable
	Proposed Long Term Bank Facility	Long-term	INR 0.94 Cr	ACUITE BBB Stable
	Cash Credit	Long-term	INR 25 Cr	ACUITE BBB Stable
29th Feb 24	RISHI FIBERS PRIVATE LIMITED			Instrument & Lender Details RISHI FIBERS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 4 + 2 = I am not a robot
	Cash Credit	Long-term	INR 22 Cr	ACUITE BB
	Cash Credit	Long-term	INR 8 Cr	ACUITE BB
29th Feb 24	KAVITA AUXILIARIES PRIVATE LIMITED			Instrument & Lender Details KAVITA AUXILIARIES PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 9 = I am not a robot
	Cash Credit	Long-term	INR 5.8 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 1.2 Cr	ACUITE D
29th Feb 24	GADDALA FINANCIAL SERVICES PRIVATE LIMITED			Instrument & Lender Details GADDALA FINANCIAL SERVICES PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 6 + 1 = I am not a robot
	Proposed Long Term Bank Facility	Long-term	INR 8.85 Cr	ACUITE C
	Term Loan	Long-term	INR 2 Cr	ACUITE D
	Term Loan	Long-term	INR 0.25 Cr	ACUITE D
	Term Loan	Long-term	INR 0.3 Cr	ACUITE C
	Term Loan	Long-term	INR 0.3 Cr	ACUITE C
	Term Loan	Long-term	INR 0.3 Cr	ACUITE C
29th Feb 24	ICL FINCORP LIMITED			Instrument & Lender Details ICL FINCORP LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 1 = I am not a robot
	Proposed Non Convertible Debentures	Long-term	INR 50 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 12.67 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 1.19 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 0.32 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 3.94 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 8.08 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 12.35 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 18.75 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 21.21 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 10.41 Cr	ACUITE BBB- Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 11.08 Cr	ACUITE BBB- Stable
	Proposed Bond	Long-term	INR 50 Cr	ACUITE BBB- Stable
	Proposed Non Convertible Debentures	Long-term	INR 50 Cr	ACUITE BBB- Stable
29th Feb 24	KUMUD RICE AND DAL MILL			Instrument & Lender Details KUMUD RICE AND DAL MILL To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 3 = I am not a robot
	PC/PCFC	Short-term	INR 8 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 4 Cr	ACUITE BB
	Term Loan	Long-term	INR 0.85 Cr	ACUITE BB
	Proposed Long Term Bank Facility	Long-term	INR 0.15 Cr	ACUITE BB
28th Feb 24	HITAISHI KK MANUFACTURING COMPANY PRIVATE LIMITED			Instrument & Lender Details HITAISHI KK MANUFACTURING COMPANY PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 9 = I am not a robot
	Bills Discounting	Short-term	INR 11 Cr	ACUITE D
	PC/PCFC	Short-term	INR 11.5 Cr	ACUITE D
	Letter of Credit	Short-term	INR 2.5 Cr	ACUITE D
	Bank Guarantee (BLR)	Short-term	INR 1 Cr	ACUITE D
	Proposed Long Term Bank Facility	Long-term	INR 1 Cr	ACUITE D
	Cash Credit	Long-term	INR 4 Cr	ACUITE D
	Term Loan	Long-term	INR 2 Cr	ACUITE D
28th Feb 24	AKSHAT PLASTICS PRIVATE LIMITED			Instrument & Lender Details AKSHAT PLASTICS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 9 = I am not a robot
	Letter of Credit	Short-term	INR 32 Cr	ACUITE A4+
	Letter of Credit	Short-term	INR 15 Cr	ACUITE A4+
	Cash Credit	Long-term	INR 5.5 Cr	ACUITE BB+
	Proposed Long Term Bank Facility	Long-term	INR 1.56 Cr	ACUITE BB+
28th Feb 24	BSCC INFRASTRUCTURE PRIVATE LIMITED			Instrument & Lender Details BSCC INFRASTRUCTURE PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 5 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 3.5 Cr	ACUITE A4
	Cash Credit	Long-term	INR 1.5 Cr	ACUITE B+
	Proposed Long Term Bank Facility	Long-term	INR 4.7 Cr	ACUITE B+
	Term Loan	Long-term	INR 0.3 Cr	ACUITE B+
28th Feb 24	SENTHIL HATCHERIES			Instrument & Lender Details SENTHIL HATCHERIES To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 1 = I am not a robot
	Cash Credit	Long-term	INR 35 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 6.34 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 1.76 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE BB Stable
	Term Loan	Long-term	INR 3.98 Cr	ACUITE BB Stable
	Proposed Long Term Bank Facility	Long-term	INR 2.22 Cr	ACUITE BB Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE BB Stable
28th Feb 24	SHRIRAJLAXMI DENIM LIMITED			Instrument & Lender Details SHRIRAJLAXMI DENIM LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 9 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 2 Cr	ACUITE A3
	Cash Credit	Long-term	INR 30 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 10.84 Cr	ACUITE BBB- Stable
	Working Capital Term Loan	Long-term	INR 7.81 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 12.86 Cr	ACUITE BBB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 1.49 Cr	ACUITE BBB- Stable
28th Feb 24	INDITRADE MICROFINANCE LIMITED - PEGASUS 11 2022			Instrument & Lender Details INDITRADE MICROFINANCE LIMITED - PEGASUS 11 2022 To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 2 = I am not a robot
	Pass Through Certificate	Long-term	INR 8.56 Cr	ACUITE Not Applicable
28th Feb 24	FORTUNE GROUP			Erratum \| Instrument & Lender Details FORTUNE GROUP To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 3 + 3 = I am not a robot
	Bank Guarantee (BLR)	Short-term	INR 32 Cr	ACUITE A3
	Bank Guarantee (BLR)	Short-term	INR 0.5 Cr	ACUITE A3
	Term Loan	Long-term	INR 0.74 Cr	ACUITE BBB- Stable
	Cash Credit	Long-term	INR 17 Cr	ACUITE BBB- Stable
	Term Loan	Long-term	INR 0.76 Cr	ACUITE BBB-
	Proposed Bank Guarantee	Short-term	INR 8 Cr	ACUITE Not Applicable
	Proposed Cash Credit	Long-term	INR 1 Cr	ACUITE Not Applicable
28th Feb 24	INDITRADE MICROFINANCE LIMITED - PEGASUS 11 2022			Instrument & Lender Details INDITRADE MICROFINANCE LIMITED - PEGASUS 11 2022 To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 7 = I am not a robot
	Pass Through Certificate	Long-term	INR 0.95 Cr	ACUITE Not Applicable
28th Feb 24	SUN PETROCHEMICALS PRIVATE LIMITED			Instrument & Lender Details SUN PETROCHEMICALS PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 2 + 7 = I am not a robot
	Proposed Short Term Bank Facility	Short-term	INR 25 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 440 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 500 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 350 Cr	ACUITE A1+
	Bank Guarantee (BLR)	Short-term	INR 325 Cr	ACUITE A1+
	Proposed Short Term Bank Facility	Short-term	INR 655 Cr	ACUITE A1+
	Commercial Paper Program	Short-term	INR 400 Cr	ACUITE A1+
	Working Capital Demand Loan (WCDL)	Long-term	INR 200 Cr	ACUITE AA Stable
	Working Capital Demand Loan (WCDL)	Long-term	INR 474 Cr	ACUITE AA Stable
	Cash Credit	Long-term	INR 10 Cr	ACUITE AA Stable
	Secured Overdraft	Long-term	INR 20 Cr	ACUITE AA Stable
	Cash Credit	Long-term	INR 1 Cr	ACUITE AA Stable
	Non-Covertible Debentures (NCD)	Long-term	INR 475 Cr	ACUITE AA Stable
	Proposed Non Convertible Debentures	Long-term	INR 1525 Cr	ACUITE AA Stable
27th Feb 24	BANSAL PATHWAYS DAMOH KATNI PRIVATE LIMITED			Instrument & Lender Details BANSAL PATHWAYS DAMOH KATNI PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 7 = I am not a robot
	Term Loan	Long-term	INR 85.4 Cr	ACUITE BBB+ Stable
	Term Loan	Long-term	INR 105 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 35.6 Cr	ACUITE BBB+ Stable
27th Feb 24	BANSAL PATHWAYS GUNA SIRONJ PRIVATE LIMITED			Instrument & Lender Details BANSAL PATHWAYS GUNA SIRONJ PRIVATE LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 5 + 5 = I am not a robot
	Term Loan	Long-term	INR 164.75 Cr	ACUITE BBB+ Stable
	Proposed Long Term Bank Facility	Long-term	INR 17.25 Cr	ACUITE BBB+ Stable
27th Feb 24	ALI AFZAL FLOUR MILL LIMITED			Instrument & Lender Details ALI AFZAL FLOUR MILL LIMITED To: CC: Note: By clicking on send button you shall be sharing a copy of rating release on the mentioned Email IDs. Captcha 9 + 9 = I am not a robot
	Term Loan	Long-term	INR 3.25 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 2.68 Cr	ACUITE BB- Stable
	Covid Emergency Line.	Long-term	INR 0.63 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 6.84 Cr	ACUITE BB- Stable
	Cash Credit	Long-term	INR 5 Cr	ACUITE Not Applicable
	Cash Credit	Long-term	INR 13.16 Cr	ACUITE BB- Stable
	Proposed Long Term Bank Facility	Long-term	INR 6.62 Cr	ACUITE BB- Stable